Research & Publications

Cases

Topics in parentheses; teaching material available to instructors upon request

“Green Apple: Environmental Sustainability Reporting & Climate Strategy at Apple” (Corporate climate strategy; emissions Scopes1/2/3 measurement and management; sustainability), Tuck School Case 2020

“Reducing Data Center Emissions: Apple’s Renewable Power Investments in Maiden, North Carolina” (DCF analysis of renewable energy project; calculation of implied carbon price to achieve break-even NPV; corporate climate strategy; sustainability), Tuck School Case 2020

“Delta Airlines’ Acquisition of Aeromexico Equity Stake” (Cross-border valuation; exchange rates; country risk; real options), Tuck School Case, 2020

“International Flavors and Fragrances in 2018” (Corporate valuation; WACC valuation), Tuck School Case 2020

“Netflix in 2020” (User/subscriber valuation using Damodaran framework; corporate valuation), Tuck School Case 2020

“#unicorn: Twitter’s 2013 IPO” (IPO; user valuation; corporate valuation), Tuck School Case 2019

“Life Time Fitness 2015 LBO” (LBO valuation method; APV valuation; corporate valuation), Tuck School Case 2018

“Owens Corning’s Sustainability Strategy,” (Corporate environmental sustainability), Tuck School Case 2014

"International Flavors & Fragrances: February 2012,” (Financial condition analysis; ROE decomposition analysis; operating performance analysis; corporate valuation), INSEAD Executive Education Case (2012).

"Dartmouth-Hitchcock and Subsidiaries: 2010” (Financial condition analysis; ROE decomposition analysis; operating performance analysis; health care), Tuck Case (2011; updated 2012).

"H-Care Inc.” (Deriving, interpreting and forecasting financial statements; health care), Tuck Case (2011)

"General Maritime’s June 2010 Tanker Purchase” (Mark-to-market versus mark-to-model valuation; relative versus DCF valuation; shipping industry), Tuck Case (2011; updated 2012)

"United Technologies Corporation in 2010” (Corporate valuation, equity analysis), Tuck Executive Education Case (2010)

"Community Health Systems’ Acquisition of Triad Hospitals” (Acquisition valuation; APV; synergy valuation, health care), Tuck Case (2010).

"National Retailing Federation’s Sustainability Retailing Consortium” (Sustainability strategy; collective action solutions; industry best practice), Allwin Initiative Case (2010).

"Carbon Footprint and Clean Energy at Simon Pearce" (Measurement and management of carbon footprint; Scopes 1/2/3 emissions; NPV analysis of wind and solar installations; developing a corporate carbon strategy). Tuck Case (2010).

"Carbon Strategy at Vital Communities" (Measurement and management of carbon footprint; Scopes 1/2/3 emissions; individual vs. collective corporate carbon strategy). Tuck Case (2010).

"ING and Sapphire Chile in May 2008" (Cross-border corporate valuation, financial services, Latin America, flow-to-equity valuation), Tuck Executive Education Case.

"United Technologies Corporation in 2007" (Corporate valuation, equity analysis), Tuck Executive Education Case.

"Cadence Design Systems Convertible Debt Issue" (Corporate financing, convertible debt, software), Tuck Executive Education Case.

"BMW 2006" (Profitable growth analysis, WACC versus ROIC, financial analysis, ROIC decomposition), Tuck Executive Education Case.

"Constellation Brands International 2008" (Corporate valuation, equity analysis), Tuck Executive Education Case.

"Tech Corporation" (Free cash flow derivation and interpretation), Tuck Executive Education Case.

"Adobe Systems' Acquisition of Macromedia 2005" (M&A, corporate valuation) Tuck Executive Education Case.

"Oil and Natural Gas Corporation of India Public Offering: March 2004" (Cross-border valuation, public offering, exchange rates, country risk, India), Indian School of Business Executive Education Case.

"Currency Markets and Parity Conditions" (Foreign currency markets, basics of international finance), in the Thunderbird Case Series

"A Global Manager's Guide to Currency Risk Management" (Foreign currency markets, basics of international finance), in the Thunderbird Case series.

"Eurodisneyland SCA" (Project financing, APV valuation) in the University of Michigan CIBER Case Series

"Perrier, Nestle, and The Agnellis " (Cross-border mergers and acquisitions; France, Italy, EU; corporate governance in France; battle for corporate control; WACC valuation) in the Thunderbird Case Series.

"Aquas Minerales S.A. & Cadbury Schweppes" (Cross-border mergers and acquisitions; UK and Mexico; APV Valuation) in the Thunderbird Case Series.

"Schneider SA and Square D Company" (Cross-border mergers and acquisitions; France and the US; comparative corporate governance; battle for corporate control; WACC valuation) in the Thunderbird Case Series.

"Boeing vs. Airbus: GATT or Mouse?" (Strategic trade policy, trade disputes, commercial airframes industry) in The International Business Environment: Text and Cases (Prentice-Hall).

"The Chips are Down" (Strategic trade policy, trade disputes, semiconductor industry) in The International Business Environment: Text and Cases (Prentice-Hall).

"World Wildlife Fund and Debt-for-Nature" (Cross-border lending decision, LDC debt, Innovative financing in LDCs) in The International Business Environment: Text and Cases (Prentice-Hall).

"Piermont Inc." (Transaction exposure to exchange rates) in The International Business Environment: Text and Cases (Prentice-Hall).

"Campbell's Soup in Japan" (Economic exposure to exchange rates) in The International Business Environment: Text and Cases (Prentice-Hall).

"DuPont de Nemours in Japan" (Economic exposure to exchange rates) in The International Business Environment: Text and Cases (Prentice-Hall).

"Dresser France S.A. and the Soviet Gas Pipeline Project" (Cross-border regulation; national security, foreign policy and the MNE; Export Administration Act) in The International Business Environment: Text and Cases (Prentice-Hall).

"Union Carbide and Bhopal" (Cross-border liability, cross-border regulation) in The International Business Environment: Text and Cases (Prentice-Hall).

"Nicolo Pignatelli and Gulf Italia" (Foreign Corrupt Practices Act, ethics, HQ/subsidiary relations in the MNE) in The International Business Environment: Text and Cases (Prentice-Hall).

"Gulfstream and Sukhoi: The Supersonic Business Jet" (Country and political risk analysis, joint ventures, former Soviet Union) in The International Business Environment: Text and Cases (Prentice-Hall).

"Note on Supersonic Transportation and the Corporate Jet Market" in The International Business Environment: Text and Cases (Prentice-Hall).